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Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
...“President Biden and I will not accept that reality again,” she said in Beijing, adding that since China joined the World Trade Organization in 2001 the US had lost 2mn manufacturing jobs....
...Specification: Trade and Specialisation Click to read the article below and then answer the questions: Martin Wolf: the world economy’s story remains one of integration Consider the graph of world exports...
...As the world trade body falters, China is accelerating efforts to construct an alternative trade architecture that is insulated from US influence and centred upon the developing world....
...It brings together disparate stories — the shifting balance of power between the rich and developing worlds, how geopolitics is reshaping supply chains, how data and digital trade are transforming global...
...Jean-Marie Paugam Deputy Director-General World Trade Organization, Geneva, Switzerland...
...Her take on the World Bank in the run-up to its spring meetings is here if you missed it....
...In 2022 Josep Borrell, the EU’s foreign policy chief, was rightly criticised for describing Europe as geopolitically a “garden” and most of the rest of the world as a “jungle”, and suggesting that EU ambassadors...
...Bearing in mind that item three is inherently impossible to predict or hedge against, this rather crude but also alarmingly accurate assessment means we find ourselves stuck in the world of one trade....
...As ever, the best defence for world trade would be binding global rules, but, as ever, the World Trade Organization falls well short of providing them....
AmCham China highlights concerns about lack of regulatory clarity as Beijing seeks to shore up confidence
...Simon J EvenettProfessor of Economics, University of St Gallen, Switzerland; Co-Chair, World Economic Forum Council on Trade & Investment Letter in response to this letter: Imposing tariffs...
...For decades, America’s navy has patrolled the world’s shipping lanes to deter maritime marauders, a job deserving great credit....
...But proper environmental negotiations barely exist at the World Trade Organization or anywhere else, so it’s hard to see how these discussions will feed into a binding multilateral or plurilateral process...
...“We see the cost estimates by trade associations and that is obviously a source of concern for traders.”...
...It is no surprise that the world’s second-biggest economy (China) and its eighth-largest one (Russia) do business with each other....
...During that trip, Yellen also indicated that Washington was scrutinising the role of Chinese financial institutions in the Russia trade....
...Japan’s ministry for economy, trade and industry and the Dutch government also declined to comment....
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controls
...Deng said Tsai — who negotiated Taiwan’s admission to the World Trade Organization in 2002 — spent years working on the trade breakthroughs, including the pact with the US....
...And as Beijing has gone to the World Trade Organization to challenge the Biden administration’s signature Inflation Reduction Act. On this last point, all I can think is: seriously?...
Washington considers sanctions on Chinese financial institutions, according to people familiar with the situation
...The paper found this had contributed to a 5 per cent fall in exports to its largest trading partner between 2019 and 2022, a period when exports to the rest of the world were growing....
...Trade Secrets is edited by Jonathan Moules...
...How should companies protect trade secrets?...
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